Biography of Elinor Ostrom
BuDAPEST BUSINESS SCHOOL | Life and work of Elinor Ostrom | Nobel prize winner for Economical Sciences in 2009 | | Alexa Andra | 5/1/2013 |
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Contents
Introduction 3 Early Life and Education 4 Career 6 1. Positions held 6 2. Early work 8 3. Later work 8 Nobel Prize 9 1. Small review of Elinor Ostrom research 10 2. Prize lecture 11 Conclusion 15 References 16
Introduction
Elinor Ostrom (1933-2012), or cordially, Eli Ostron is the recipient of a great number of international awards and honorary degrees in the field of economic governance, but she received the greatest recognition worldwide when she became the first, and the only woman so far, who won the Nobel Prize for Economic Sciences in 2009.
Elinor Ostrom’s life and career is impressive. She was an American political economist, leading great research in how people manage the common resources. She believed that instead of privatization or government involvement, it is better for a country to have common pooled ownership of natural resources, with the assumprion that decision-making process is transparent and democratic. Her studies “showed that when individuals have to answer for their actions to others depending on the same resources, ex. fishing grounds or common pastures, their approach to shared responsibility changes. Elinor Ostrom has demonstrated how common property can be successfully managed by user associations and that economic analysis can shed light on most forms of social organization.” (nobelprize.org)
In her late life she worked as Distinguished Professor at Indiana University Bloomington, where in 1973 together with her husband Vincent Ostrom, founded the Workshop in Political Theory and Policy Analysis. In addition to her positions at Indiana University, she also works as Research Professor and founding director of the Center for the Study of Institutional Diversity at Arizona State University.
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Contents
Introduction 3 Early Life and Education 4 Career 6 1. Positions held 6 2. Early work 8 3. Later work 8 Nobel Prize 9 1. Small review of Elinor Ostrom research 10 2. Prize lecture 11 Conclusion 15 References 16
Introduction
Elinor Ostrom (1933-2012), or cordially, Eli Ostron is the recipient of a great number of international awards and honorary degrees in the field of economic governance, but she received the greatest recognition worldwide when she became the first, and the only woman so far, who won the Nobel Prize for Economic Sciences in 2009.
Elinor Ostrom’s life and career is impressive. She was an American political economist, leading great research in how people manage the common resources. She believed that instead of privatization or government involvement, it is better for a country to have common pooled ownership of natural resources, with the assumprion that decision-making process is transparent and democratic. Her studies “showed that when individuals have to answer for their actions to others depending on the same resources, ex. fishing grounds or common pastures, their approach to shared responsibility changes. Elinor Ostrom has demonstrated how common property can be successfully managed by user associations and that economic analysis can shed light on most forms of social organization.” (nobelprize.org)
In her late life she worked as Distinguished Professor at Indiana University Bloomington, where in 1973 together with her husband Vincent Ostrom, founded the Workshop in Political Theory and Policy Analysis. In addition to her positions at Indiana University, she also works as Research Professor and founding director of the Center for the Study of Institutional Diversity at Arizona State University.
References: Gardner, and James Walker (eds.), Rules, Games, and Common-Pool Resources. Michigan. University of Michigan Press * Johnson, David (2006). Thinking government: public sector management in Canada (2nd ed.)